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OceanFirst Financial Q4 Core Earnings, Revenue Decline
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OceanFirst Financial Q4 Core Earnings, Revenue Decline
Jan 23, 2025 1:55 PM

04:34 PM EST, 01/23/2025 (MT Newswires) -- OceanFirst Financial ( OCFC ) reported Q4 core earnings late Thursday of $0.38 per diluted share, down from $0.45 a year earlier.

Analysts polled by FactSet expected $0.36.

Revenue in the three months ended Dec. 31, expressed as the sum of net interest income and total noninterest income, fell to $95.6 million from $99.7 million a year earlier.

Analysts surveyed by FactSet expected $95 million.

Shares were down more than 2% in after-hours activity.

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